The seasonally adjusted estimate for private sector houses approved fell 3.4% in July following a revised fall of 0.1% in June.

PRIVATE SECTOR OTHER DWELLING UNITS

The trend estimate for private sector other dwellings approved rose 0.6% in July following a revised increase of 0.7% in June.

The seasonally adjusted estimate for private sector other dwellings approved fell 2.3% in July following a revised increase of 9.1% in June.

VALUE OF BUILDING APPROVED

The trend estimate for the value of total building approved rose 0.9% in July. The trend estimate for the value of new residential building approved fell 0.4%, and the value of alterations and additions rose 0.5%. The value of non-residential building approved rose 2.6%.

The seasonally adjusted estimate for the value of total building approved rose 4.9% in July. The seasonally adjusted estimate for the value of new residential building approved fell 1.7% in July. The seasonally adjusted estimate for the value of alterations and additions rose 5.9%, and the value of non-residential building rose 12.1%.

NOTES

FORTHCOMING ISSUES

ISSUE

Release Date

August 2008

30 September 2008

September 2008

5 November 2008

October 2008

4 December 2008

November 2008

8 January 2009

December 2008

4 February 2009

January 2009

5 March 2009

CHANGES IN THIS ISSUE

There are no changes in this issue.

REVISIONS THIS MONTH

Revisions to the total number of dwelling units approved in this issue are:

2006-07

2007-08

TOTAL

NSW

-

627

627

Vic.

-

2

2

Qld

-

119

119

SA

12

148

160

WA

-

1 114

1 114

Tas.

-

6

6

NT

-

-

-

ACT

-

-

-

Total

12

2 016

2 028

Revisions to the estimate of the number dwelling units approved in New South Wales and Western Australia are the result of the receipt of late data. These revisions have not affected the strength or direction of the trend.

There have also been revisions to the value of building approved spread over two financial years. The largest revisions were in New South Wales and Western Australia. These revisions did not affect the direction of the trend but the they have raised the level of the estimate.

DATA NOTES

A special article on 'Average Quarterly Completion Times for New Houses' completed between January 1987 and March 2008 is included in this issue (see page 7).

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Paul Pamment on Adelaide (08) 8237 7648.

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